1. Authorize negotiation and execution of a one-year service agreement with the City of Austin under which the Austin Housing Finance Corporation will manage and operate various housing programs on the City of Austin’s behalf during Fiscal Year 2018-2019 to be funded by United States Department of Housing and Urban Development funds and local housing funds in an amount not to exceed $16,873,323.
2. Authorize negotiation and execution of 12-month contracts that include extension options with each of the following seven non-profit agencies: AMERICAN YOUTHWORKS, AUSTIN AREA URBAN LEAGUE, AUSTIN HABITAT FOR HUMANITY, INC., EASTER SEALS-CENTRAL TEXAS, INC., INTERFAITH ACTION OF CENTRAL TEXAS, MEALS ON WHEELS AND MORE, INC., and REBUILDING AUSTIN TOGETHER for repair of homes eligible through the General Obligation (G.O.) Repair! Program for a combined total amount not to exceed $2,000,000.
3. Conduct a public hearing and receive public comment regarding the issuance of up to $10,000,000 of Multi-family Housing Revenue Bonds to be issued by the Austin Housing Finance Corporation to finance the development of the Elysium Grand Apartments by Elysium Grand, LP, or an affiliated entity, which is a proposed affordable multi-family development that will be located at 3300 Oak Creek Drive. District(s): District 7